Student loans from Sallie Mae Info
Regions Bank Sallie Mae student loans provide you with 100% of the amount required by the academic institution. If you want to apply for a lesser amount, the sponsoring institution reserves the right of approval. When you apply with a co-signer, your chance of approval increases.
This academic credit has several payment methods:
- Fixed Repayment. This plan has a monthly payment applied to the term of study and is extended 6 months after graduation.
- Deferred repayment. You can pay back the money after graduation or pay as much as you can during your studies.
- Interest only repayment. You only pay the interest while you are studying and 6 months after you graduate.
This financing has a forgiveness clause in case of death or total/partial disability of the student. If you enable the automatic debit service for the monthly payments, you can receive a 0.25% discount on the interest rate.
May interest you: PNC Bank's Private Student Loans
This student loan allows the borrower to release the cosigner. To do so, you must graduate, have made 12 payments (interest + principal) and be in good standing with Sallie Mae. During this process, you must demonstrate that you can finish repayment without assistance and pass the credit check.
Sallie Mae student loans from Regions Bank can help you have the educational background to be the professional you aspire to be. This product is available at other institutions and under different conditions, which you can verify using the Busconomico website.
Español: Préstamos estudiantiles Sallie Mae de Regions Bank